Prime Minister Pham Minh Chinh chairs the Government’s meeting for August, Hanoi, September 6, 2025.

He was speaking while chairing the Government’s regular August meeting. The Prime Minister, however, noted rising inflation, exchange and interest rates, as well as slowing domestic consumption, exports, and public investment. He also pointed to challenges in operating the two-tier local government model, particularly in digital transformation.

Emphasizing that Vietnam must achieve a  this year, the Prime Minister urged the renewal of traditional growth drivers alongside the development of new ones to ensure comprehensive and sustainable growth. He stressed the need to cut time and costs for administrative procedures by 30%.